Recent Comments:
Abercrombie & Fitch finally pulls the plug on Ruehl {BloggingStocks}
Jun 19th 2009 6:19PM It was always too darn dark in there and the music was too loud. I bet they could have made more money if they sold drinks instead of clothes.
Sprint's Samsung Exclaim and HTC Snap in Radio Shacks this week? {Engadget Mobile}
Jun 10th 2009 9:46PM So what is it S551 or S511?
Is Palm's pre-Pre hype deserved? {BloggingStocks}
Mar 9th 2009 11:51AM I don't know if McNamee remembers, but two years ago the iPhone was not subsidized and you didn't need to sign a contract to get one. I should know, I was one of those people.
The fiscal stimulus plan: Where is the missing element that solved the Great Depression? {BloggingStocks}
Feb 17th 2009 9:12PM Defense spending has no spillover benefits. All the tanks and missiles made by costly defense spending will simply go into storage and collect dust. That kind of spending will not put the economy back on its feet. Just look at defense spending over the last 20 years, it just keeps going up and up and up, but it isn't helping anyone.
Similarly fixing the so-called crumbling infrastructure sounds nice on paper, but fancy new bridges and roads with fewer potholes don't actually benefit us too much either. Japan made that mistake years ago as reported recently by the New York Times.
Energy independence on the other hand gives us something that is constantly getting consumed and puts dollars that are currently getting shipped to the middle east back into our own economy.
Education spending gives future workers the knowledge they need to start and run businesses. Yes that will take years for that money to come back, but as we speak states are cutting back on education and that will harm us for years too. Millions schools are ready and willing to hire teachers and buy computers.
LG Electronics recalls 45,000 LG 150 phones in Canada {Engadget}
Jan 27th 2009 9:22PM So is it still safe in the United States? I'd like to see Kajeet recall it to please.
PCD says new AT&T Quickfire, T-Mobile Sidekicks coming this year {Engadget Mobile}
Jan 10th 2009 7:58PM Remember the Motorola Sidekick Slide? Danger just makes software and controls the brand, they don't have hardware engineers.
Top Stock Picks '09: SPDR Gold Trust (GLD) {BloggingStocks}
Jan 2nd 2009 5:42PM Yet another advisor recommending gold as an inflationary hedge. The days of ultra-risky hedging is over! The average investor should not be investing in gold, here is why...
Hedging commodities is a strategy used when you know you will need a certain commodity and you want to protect the current price you are paying against future price fluctuations. Southwest airlines did a great job of this with oil since they use a lot of it.
Gold is not something that average investors are consuming on a regular basis. In fact when it comes to consumption and inflation people are likely to sell gold so they can buy the things they actually need like housing, food and clothes.
Gold prices are fairly volatile lately and are at a near an inflation-adjusted all time high. If you want to invest in an overpriced commodity that you don't really need why not try out fine art, beenie babies or rare tulip bulbs.
If you absolutely feel the need to invest in commodities then I suggest energy and agriculture, like cotton, oil, etc. There are many ETFs related to these. However commodities are risky! If you are just trying to stave off inflation then you should be weary of the volatility associated with commodities. Instead try REITs, TIPs, tax free municiple bonds. Better yet pay off your debt, credit card and mortgage!
But really who is worrying about inflation right now? Most people are now worrying about deflation, in which case cash is actually king. My recommendation is stop worrying about inflation and deflation and stop taking unnecessary risks. Invest in diversified stocks, bonds, and put only a tiny amount in useful commodities if you dare, keep enough cash around and pay off your debt, and finally forget about gold!
Helio Ocean 2 arrives at the FCC {Engadget Mobile}
Sep 19th 2008 2:53PM Too little, too late. Sorry Helio, just call it outdated. I'd take an iPhone and or Android over this no question.
A stroll through the MVNO graveyard {Engadget Mobile}
Aug 29th 2008 1:15PM Kajeet is still around, I really can't imagine they will last much longer...
Motorola i776 bundles countless design nightmares into one convenient package {Engadget Mobile}
Jul 30th 2008 12:51AM Who decided now was the time to introduce a new iDEN screen resolution (128x160)? Probably the same person that thought 130x130 was a good idea...
